How to start a retail chain of apparels
04-May-2023 (In Startup Law)
Hey ,I plan to start a retail chain of apparels beginning with one store in bangalore. It would be great if you would let me know the kind of business entity I should choose depending on the tax benefits as it's a startup. Also would you be able to refer few books on the same topic I can read on just to increase my knowledge.Thank you so much.
The tax attracted towards readymade garments is 5% VAT. The same needs to added in the invoice. Secondly you need to to register your firm in the registrar's office. And they will issue you a TIN number.
After which you may bill your readymade garments.
After which you may bill your readymade garments.
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